The family wealth advisor has added an investment chief to its executive team.

Virginia-based Signature Family Wealth Advisors has appointed David Jallits as chief investment officer.

Jallits brings 25 years' experience in leadership roles across the investment research and portfolio management sectors. He previously worked at Cambridge Associates, Citigroup, Putnam and various hedge funds.

Taking over from Anne Shumadine, who has been the firm's chairman and chief investment office since founding, Jallits will be responsible for leading the firm's investment strategy and research team. Signature currently manages over $3.3 billion in assets for high net worth individuals and families.

“Dave is a leader in financial services and investments and has an extensive track record in the industry. Research is at the core of that experience, which enhances our ability to provide the highest quality service to our clients,” said Signature's president and chief executive, Randy Webb.